[Commiewatcher]

"Buffett pledged to give away a mammoth $37 billion of his fortune -- more than most African countries' GDP estimates for this year -- the bulk of which will go to the Bill and Melinda Gates Foundation."

Estate tax protection. Buffett is such an advocate of massive estate taxes so why doesn't he just allow the government to confiscate 55% of his wealth when he kicks the bucket?

[antiRepublicrat]

Buffett is such an advocate of massive estate taxes so why doesn't he just allow the government to confiscate 55% of his wealth when he kicks the bucket?

Buffet isn't stupid enough to think the government will spend the money wisely. Maybe he likes estate taxes because it makes the ultra-rich want to give away their money near the end of their lives like he's doing.